Funding you earn now, next payment 08:00 UTC+0.1966%/8h= +215.3% APRnext payment +$19.66 per $10,000 · paid last 24h 0.000%
Price spread now: Binance against Bitget−0.295%7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs−$86as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 7 days+0.262%+$26 · spread now −0.295%, 7d avg −0.056%
=Funding pays, the price is against you. Binance is 0.239% cheaper against Bitget than usual: you would sell low and buy high (spread −0.295% now, against its 7-day average of −0.056%). If the spread goes back, that is −$24 on $10k: about 10 hours of funding at the current rate (+$59 a day). At the pace of the last 7 days (+0.029% in total) that is about 57 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$19.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CRDOUSDT | 181.71 | −0.1966 | get 0.1966% / 8h | 1h 36m | $1.7M | $1.8M | 20x |
| Short | Binance CRDOUSDT | 181.17 | 0 | get 0.0000% / 8h | 1h 36m | $4.0M | $9.4M | 20x |
Bitget CRDOUSDT
Binance CRDOUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Bitget. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $412.86
- Price spread: −0.295% → −0.056%
- −$23.93
- Slippage, 4 orders
- −$40.19
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $326.74
- Costs to cover
- 0.622%
- Break-even
- 1.5 days
Slippage from Bitget: live order book, 5 min ago; Binance: live order book, 3 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bitget live order book, 5 min ago | 6.34 bp | 14.1 bp −$14 | 42.9 bp −$429 | doesn't fit | doesn't fit |
| Sell Binance live order book, 3 min ago | 2.21 bp | 12.7 bp −$13 | 58.9 bp −$589 | 137.0 bp −$13.7K | doesn't fit |
CRDO on 15 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget CRDOUSDTlong | −0.1966% | 8h | 181.71 | long leg | $1.7M | $1.8M | 20x | |
| Aster CRDOUSDT | 0.0000% | 8h | 181.33 | −0.206% | $36K | $10K | 20x | as long as short |
| Binance CRDOUSDTshort | 0.0000% | 8h | 181.17 | −0.295% | $4.0M | $9.4M | 20x | |
| Bybit CRDOUSDT | 0.0000% | 8h | 181.31 | −0.220% | $690K | $781K | 25x | as long as short |
| OKX CRDO-USDT-SWAP | 0.0000% | 8h | 181.48 | −0.127% | $907K | $1.6M | 20x | as long as short |
| Gate CRDO_USDT | 0.0000% | 8h | 181.30 | −0.226% | $622K | $139K | 20x | as long as short |
| Variational Omni CRDO | 0.0000% | 8h | 181.10 | −0.337% | $197K | $133K | — | as long as short |
| GRVT CRDO_USDT_Perp | 0.0000% | 8h | 181.26 | −0.248% | $649 | $134K | 10x | as long as short |
| SunX CRDO-USDT | 0.0000% | 8h | 181.25 | −0.253% | $1K | $498K | 10x | as long as short |
| HTX CRDO-USDT | 0.0000% | 8h | 180.95 | −0.418% | $8K | $41K | 20x | as long as short |
Aster CRDOUSDT
Bybit CRDOUSDT
OKX CRDO-USDT-SWAP
Gate CRDO_USDT
Variational Omni CRDO
GRVT CRDO_USDT_Perp
SunX CRDO-USDT
HTX CRDO-USDTShow all 15 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX CRDO-USD | +0.0013% | 1h | 181.24 | −0.259% | $1.1M | $2.3M | 10x | as long as short |
| Extended CRDO_24_5-USD | +0.0040% | 1h | 181.34 | −0.204% | $1K | — | 5x | as long as short |
| Vest CRDO-USD-PERP | +0.0046% | 1h | 181.34 | −0.204% | — | — | 5x | as long as short |
| KuCoin CRDOUSDTM | +0.0100% | 8h | 181.19 | −0.286% | $191K | $840K | 20x | as long as short |
| Paragon para:CRDO | +0.0934% | 1h | 181.69 | −0.011% | $1.2M | $488K | 10x | as long as short |
QFEX CRDO-USD
Extended CRDO_24_5-USD
Vest CRDO-USD-PERP
KuCoin CRDOUSDTM
Paragon para:CRDO